1. The subject of the contract is the granting and servicing of a bank loan in the amount of PLN 10,000,000.00 to finance the planned budget deficit. 2. The source of covering the installments and interest on the loan will be the own revenues of the budget of the Municipality of Żabno. 3. Loan released in tranches until 29.12.2023 on the basis of the Ordering Party's instructions submitted to the bank until 22.12.2023. The loan amount not released by 29.12.2023 will not be used. The Bank will not charge the Ordering Party with additional costs due to non-use of the entire loan.6. Interest will be paid on a quarterly basis until the last day of each quarter for the quarter to which it relates. Start of interest payment from September 2023 (i.e. until the end of the third quarter). The payment of the last interest will take place on the date of repayment of the last installment of the principal, i.e. on 31.12.2035. If the repayment deadline expires on a public holiday, it is considered that the repayment date has been met if the repayment of installments and interest took place on the first business day after the repayment date (business days: Monday-Friday). The calculation of the amount of interest shall be based on the actual number of days in each accounting period in relation to the number of days in a year. 7. The repayment of the principal will take place at the end of March, June, September and December of each year, starting from March 2024. 16. The only cost of the loan is its interest rate (WIBOR 3M + margin) and a possible one-off commission for granting the loan. 11. Loan security - blank promissory note together with a promissory note declaration. 5. The loan will be available from the date of its launch, which will take place on the date indicated in the offer

1. The subject of the contract is the granting and servicing of a bank loan in the amount of PLN 10,000,000.00 to finance the planned budget deficit. 2. The source of covering the installments and interest on the loan will be the own revenues of the budget of the Municipality of Żabno. 3. Loan released in tranches until 29.12.2023 on the basis of the Ordering Party's instructions submitted to the bank until 22.12.2023. The loan amount not released by 29.12.2023 will not be used. The Bank will not charge the Ordering Party with additional costs for not using the entire loan. 4. Failure to use the total amount of credit will not be equivalent to early repayment of the loan. 5. The loan will be available from the date of its activation, which will take place on the date indicated in the Contractor's offer (point 3 of the Offer Form). 6. Interest shall be paid on a quarterly basis by the last day of each quarter for the quarter to which it relates. Start of interest payment from September 2023 (i.e. until the end of the third quarter). The payment of the last interest will take place on the date of repayment of the last installment of the principal, i.e. on 31.12.2035. If the repayment deadline expires on a public holiday, it is considered that the repayment date has been met if the repayment of installments and interest took place on the first business day after the repayment date (business days: Monday-Friday). The calculation of the amount of interest shall be based on the actual number of days in each accounting period in relation to the number of days in a year. 7. The repayment of the capital will take place at the end of March, June, September and December of each year, starting from March 2024, in accordance with the schedule set out in the SWZ. 8. The amount and dates of repayment of loan installments may be changed by way of an annex to the contract at the request of the Ordering Party. 9. If the repayment date of the loan installment or interest falls on a non-working day, the Borrower will make the required repayment of the loan installment on the first business day following the designated repayment date. 10. Interest rate on the loan during the term of the agreement - determined by a variable base rate of WIBOR 3M interest rate applicable on the last business day of the previous quarter. The margin will be a fixed amount expressed as a percentage per annum and will apply throughout the loan period. The Contractor shall notify the Contracting Authority of any change in interest rate resulting from a change in the WIBOR 3M rate in writing or in electronic form (to the e-mail address: dzp@zabno.pl ) with the date from which the change will apply. The interest rate will be changed quarterly on the first business day of each quarter based on the 3M WIBOR rate in force on the last business day of the previous quarter. 11. Loan security. a) a blank promissory note together with a promissory note declaration 12. The Treasurer of the Żabno Commune will countersign the loan agreement and the bill of exchange and the bill of exchange declaration. 13. The Ordering Party reserves the right to repay the loan early without incurring additional costs. 14. In order to enable the assessment of the financial situation of the Ordering Party, the Ordering Party provides the documents listed in Appendix 7 – Financial documents. 15. The loan will not be charged with fees other than those listed in the SWZ. 16. The only cost of the loan is its interest rate (WIBOR 3M + margin) and a possible one-off commission for granting the loan. 21. The offer price should be calculated based on the WIBOR 3M rate as at 30/05/2023. For the calculation of the offer price, 10.07.2023 should be taken as the loan payment date. A detailed description of the subject of the contract is specified in the SWZ and attachments